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of the game. kicking the can is the best way to describe what happens. think of the economy and where it could be in tin years. unemployment, the rate of inflation with the federal reserve policies, we might be looking in a significant threat of inflation. so in the amount of budget cutting that they do, the value of dollars cut will be diminished. cheryl: she has a great point, and there is another issue. in fact, if you look at overall what congress can are cannot do in the next and here's, they're going to change their minds. we have seen that with the fight over entitlement programs. everyone comes in saying there will address medicare, social security and medicaid, and they never do it because reelection comes of senate and later. >> well, in fact, we should be celebrating an anniversary, popping champagne corks because it was exactly 12 years ago tomorrow that alan greenspan testified before congress and said the biggest challenge this country has in terms of fiscal issues is that the budget surplus is getting so large that we will have no choice but to buy stock in private companies. tw
believes that we have to both walk and chew gum at the same time. we have to deal with our own economy and our fiscal situation. that is a given, because that is the source of our strength and our capacity. but we also have to be smart about making the right investments in diplomacy and development to try to solve problems and prevent them. >> i'm joined tonight with senator chris murphy of connecticut, who is a member of the senate foreign relations committee. senator, good to have you with us tonight. moving forward, security obviously is an issue. so getting funding and help from republicans shouldn't be hard after this hearing. that's what i see today. your thoughts on it. >> well, listen, the republicans have had chance after chance to do the right thing here. the irony is just as thick as the walls of the united states congress, when you think that they stripped $300 million out of the secretary's security requests before benghazi. but it gets even worse, ed. after benghazi, the president and the secretary of state said listen, we've got to do better. so they put before congress
part it's a broad-based rally, which is the best kind. as i've said, a lot of this reflects an economy that looks better than you might think. and then on the political front, president obama's recess appointment to the nlrb declared unconstitutional. and louisiana governor bobby jindal calls republicans the stupid party. how about that? and then there is an unconfirmed scandal. i say unconfirmed. did senator bob menendez sleep with underaged dominican prostitutes? this is "the kudlow report" and we begin right now. >> all right. first up, our most optimistic story tonight, stock continue their bull run, the s&p 500 and dow closing in on their all-time highs from october 2007. brian shactman joins us now with all the details. good evening, brian and good work today. >> you touched on the s&p details having its best streak in terms of winning streaks days in a row in eight years but how about the dow. we're now 105 points shy of 14,000. eight components hit new highs today. beyond the five on your screen, utx, pfizer and p & g also doing it. now, speaking of history, historically life i
. >> brenda: so far it's taking the labor board out of commission for a while. does that help the economy? >> oh, i believe it does, because it gets to, i think, a bigger issue, brenda, finally, maybe, a little tamp down on government overreach, you know, in obama's inauguration speech, it was all about growing government even bigger than it already is. and the problem is, when government grows, the private sector suffers. and if you say, well, who cares where the money goes, the problem is government growth is always less inefficient than private sector growth and this is one step toward hopefully allowing the private sector to grow, tamping down on unions which i think have hurt many, many, many industries, despite the higher wages. in the union you have higher wages until you lose your job, and i think this is a step forward, this is progress, what needs to be done. >> brenda: you know, jonas, toby brought up a good point. which is that union membership has been declining for decades, record lows right now. so, what difference does all of this make? the unions don't have as much power.
year until 2013 to make the world economy more green. that's $14 trillion. joining me now, the heritage foundation who focuses on energy, environmental regulatory issues. i have to tell you, you have to hear what they say. the former mexican president talking about the goal here. economic growth and sustainability are interdependent. you cannot have one without the other. what do you say? >> well, if that is the case what we need to subsidize it with taxpayer dollars? if this is such a profitable idea, if the green energy market is a multitrillion-dollar economy, then let the ceos and venture-capital this figure that out. while this been a your money in my money? it makes economic sense. this culture of promoting these ideas with government capitol only creates government welfare or corporate welfare and creates corporate dependence. gerri: companies that fail as we talked about some many times in the show. whether you're talking about solyndra or a number of others that our government financed. you would think that maybe these are just wacked-out the trees coming of the wild ideas. and
of money it spends, the amounts of money meddles in the world economy, and to the degree of which all of the spending and meddling is not paid for out of current income -- neil: doesn't make a great captivating speech. there's no war on this. right to point out television animal opportunity miss the. what struck me more was to do that, he had to sense that republicans didn't have the power or organization to challenge it. by not mentioning it, and by the media then correcting conservatives who dare condemn that deletion from the president's speech, he feels that it's the wind that hid that and not at republicans for reigning in that spending. >> well, and i think so, and this is where speaker boehner has the perfect opportunity to change the narrative by forcing everything through regular legislative order. you control what goes to the floor. don't reauthorize programs. i would love to have the nation debate the question, should we not reauthorize americorp or cut the marine come. they'll ask what's americorp? what's it do? the speaker can start the process if he has the discipline to
to think they do, they should resist and do the best they can without harming the economy. lou: with a brighter communication and messaging strategy, that would be helpful to the gop. the opposition as much in need these days. thank you very much for being here. that is it for us tonight. we thank you for being with us. please be with us tomorrow night. goododod night from new york. neil: welcome, everybody. i am neil cavuto sitting before what was the parade route and what was a very busy stand with the most powerful people on the planet behind that class and behind that building that is going to be taken down. pie by piece over the next 24 hours. where i am sitting in that building that was in view, the president and e vice president and their families were sitting there. it will be dismantled from scratch. there is no warehouse where they can put this stuff up. this day we commemorate the president starting his second term. a president who started with a pretty in-your-face agenda, be that as it may, if you thought that the president was going to slow down on some government
>>> on our broadcast tonight, signs of life in the american economy. near record highs on wall street, a housing turn-around under way. the problem is, a lot of americans aren't feeling it yet. >>> there is a new outbreak to worry about, spreading like wildfire across our country. and unlike the flu, for this one there is no vaccine. >>> the dark cloud hanging over a big american city. doctors say the air is so bad, it's the equivalent of forcing every resident to become a heavy smoker. >>> and seeing red. a push by republicans to change the way we elect a president. if these had been the rules across the map in november, we would have president romney. >>> also, a big night for the biggest blockbuster of all-time. "nightly news" begins now. >>> from nbc news world headquarters in new york, this is "nbc nightly news" with brian williams. >>> good evening. the evidence is now unmistaka e unmistakable. aspects of the u.s. economy after a long and difficult period of darkness appear to be getting more robust. and while there are lots of numbers out to prove the point of an improv
hillary clinton testifying on the benghazi attack. melissa: is the economy and low beer? we have an exclusive interview with the american trucking corporation bill graves. lori: the big apple shrinking? the new trend of micro- apartments in manhattan. 250 square feet. melissa: time for stocks now as we do every 15 minutes. let's head to the floor of the new york stock exchange where nicole petallides is standing by. nicole: i saw pictures of those apartments, i would love to buy one. they actually look very cute. let's take a look at some of the earnings related names. let's start at mcdonald's. it is up about a half% here. they expect the management -- that is not great news there. you can see the up arrow. when you talk about airlines they are up about three and a 3%. good news there despite the fact that superstar did actually cripple operations for some time. despite that, they did come in with an income of 37 billion compared with 18 million year-over-year. that is why you are seeing it up over 3%. united technologies which is to the upside. hitting 52 week highs today. you
, i'll tell you who is paying for it. we're paying for it, the taxpayers. what they did to the economy put it into the tank and it was big stimulus package that had to pull us out of the tank. we're still doing that right now. i wish the doj would go after these folks and give some answer. i think that frontline documentary is outstanding. mike papantonio, good to have you with us tonight. thank you so much. that is "the ed show." i'm ed schultz. the rachel maddow show starts right now. >> thank you for joining us. happy friday. the detroit lions used to play in this building, the pontiac silverdome in once prosperous pontiac, michigan. after the lions left the silverdome and the pontiac factory moved and the town of pontiac went broke, they're tried to sell the stadium to the highest bidder. >> the field has seen monster truck rallies, soccer games. if it can happen on a field, kit happen here. >> out here at the silverdome, we have anything ranging from your dirt shows, snocross shows, home and garden show, trade shows, converts all the way down to anything you would like to do on to
with their best strategy and the outcome for both the market and the economy. don't go anywhere. more "money" coming up. ♪ officemax can help you drive supply costs down... and down. use your maxperks card and get a 10-ream case of officemax multiuse paper for just 4.99 after maxperks rewards. find thousands of big deals now... at officemax. girl: don't look at me. second girl: your hair's a bit frizzy today. aw! ha ha! you should pick that up. announcer: every day, kids witness bullying. poor you. ha ha! they want to help but don't know how. teach your kids how to be more than a bystander. visit stopbullying.gov. lori: all right. back to business in washington now republicans hold a big vote to whether or not to extend the debt limit until may. if congress doesn't pass a budget by april 15th they no longer get paid! i have no problem with that. our panel is here with their take on the strategy. we have our favorite economist, peter morici. the always amazing scott martin, chief market strategist with united advisors and former democratic congressman and brand new fox news contributor. den
to be a country driven by a vibrant, private economy, or are we starting to look like a mature european country? essentially, the question is can you have small government with an aging population on top of the other programs that was cited that the presidentments. >> no doubt we're on an unsustainable path, and democrats acknowledge it, but as far as whether they're going to cut programs we have and seen mayor cuts to the programs, republican says we are getting like greece. the only thing to change the equation is to make the tough decisions that president obama said himself in the initial inaugural address in 2009 is that he was going to make tough decisions. congress and the president have not made tough decisions. we may have to get downgraded again. the credit rating agency force action on capitol hill which could spur action. liz: interesting what bob said. when you talk to ratings agencies, you know, yes, they acted like the bar tenders at a party, handing out ids to anyone on wall street, but the u.s. is not agenting like an aaa country. they may not react and poo-poo it, but the react
to a better economy. keys to your house, a new house hopefully. connell: let's talk about the markets. nicole petallides starts us off as she does each day with stocks now. nicole: taking a look at a market that really has shown strength over the last seven of the past nine weeks. the dow trading as high as 13,682 prior to pulling back here into negative territory. we are seeing multi- year highs. while they see the trend to the upside, they rally to resist it levels. i wanted to take a look. it was lower in the free market. the cfo, chief financial officer, gave an outlook for 2013. it is now trading higher on this conference call. their wireless margins took a jump. a good outlook. back to you. dagen: thank you. congress is heading back to work just one day after president asked both parties to come together and stand behind his visions. connell: house republicans may be less than willing to join him. rich: so is the bipartisan goodwill. the effects of the inauguration starting to disappear a bit from washington. some tourists remaining in town. we expect them to drop the same lines we have
that's bullish for the economy. >> if you look at some of the trucking names. normally take out the airlines. the airlines have done quite well if they reduced capacity although if you look at some of the reports i think it was u.s. air, but i believe they said that some of their seats were down a bit even though they cut capacity. that was a little bit of a warning sign. even on trucking side it was okay. but now as a trader and investing in the market you have to hook six months ahead. what will happen coming down. we know everything is done well. we know they are up 7%. what's the next move. that's where you get concern. >> we look at the leading indicators. pmi from china, europe, u.s. today the leading indicators in that sentiment indicator is telling us we're not done. we could bleed higher in terms of economic sentiment and economic activity and the new orders component the global pmi looks like it will print above 50 in january for the first time in eight months. >> i'm sure there's a stock market correction. >> when? >> the stock market among other things including what
. there is definitely a lot of momentum the upside. it is a sign that the economy is improving. there is a large speculation that oil demand will improve. a lot of traders do think that we have hired to go here. the rest of the energy market, gasoline futures are spiking as there is word that one of the major east coast refineries. natural gas prices down 4% in today's trading session. guys, we are nearing $100 a barrel, as far as oil prices are concerned. melissa: sandra smith, thank you so much. lori: three-week since boeing 787 had its latest incident. investigator is shifting our focus. we have the latest details just ahead. melissa: the s&p holding their five year high. ♪ the local melissa: it is time to make money with charles payne. charles: i accidentally went to ugg store. we just dumped into the door. what? i could not believe that you know, you do not like to do things on this anecdotal thing. the last time i went to a retail store that crowded with that type of enthusiasm and electricity was back in 2002. steve madden. the place was buzzing. i cracked a few jokes. no one even knew
, the american economy is nos recovered, worried about the credit, and we kept it going, a real testament to him and his moral leadership on this. melissa: steve, are you that gracious? >> no, i wouldn't be that gracious. i give him a "d" -- melissa: oh, oh, a "d"! >> a generous "d," and i see what sigh san is saying in that i think the strength was he was more an ideolog, a strength, but he has to answer for the dramatically escalating debt that took place while he was treasury secretary. the fact that the president didn't take it very seriously, and then his comment to paul ryan i thought was a telling one saying to paul ryan we don't have a definitive solution to the problem, but we don't like yours. you got to have solutions if you're the secretary of treasury. melissa: tim, what do you think? can you cut it in the middle. we have an a and a d, what do you give him? >> actually, i feel right in the best place. i give him a c-plus, better than average, better than average. he had a tough job over the last four years, and i'm not sure anybody could have scored an "an," even though my colleague
? to as to save the economy. are you happy with how things are going? or power panel is here with what should be happening. for all you brides and grooms to my being the case of cold feet, don't despair. a new company lets you buy and sell your wedding. all you have to worry about is the person elected the altar. the woman behind this new business, even when they say it's not, it's always about "money." all right. we start with the first to announce plans on how exactly it hopes to pay for obamacare. a little bit surprising. republican arizona governor says that the tax increase interstate is the answer. the governor proposing a new hospital provided tax, and this is on topple all the taxes we were just three weeks ago. a number of experts and even some hospitals are on board with the governor's new tax hike. with me now is one of them. from the university of arizona public health policy and management professor. welcome to the show. do you think this is a good idea? >> good evening. i think that for arizona this is a very novel and innovative approach to solving a particularly difficult dile
low, but a guest said, look, washington is going to mess up the economy. the sequestering issue is prevalent, and the debt ceiling debate is going to further erode consumer confidence, people will not spend, and the rally might be in jeopardy. i'm a real basking of hopefulness and positivity. >> thank you so much. the unions, lou dobbs weighs in on dwindling union membership, but to the point, there's a rally holding on, but a rally nonetheless. >> that's right. the s&p right now, which was above 1500, 1502 to be exact a short time ago, back to the levels we saw in 2007. we're trying to hang on to the rally, but thinking the dow was up more than a hundred points, and now it's up 3 dlsh 4 -- 41. >> will the markets hold on despite with what's going on with apple breaking down? clinging to green, approached the 1500 level not seen in years. if we end higher, that's the 7th consecutive day of gains, the longest winning streak in more than six years for the s&p. >> and no longer the apple of wall street's eye. it pummeledded as they posted the fourth most profitable company ever. >>
: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. hey, buddy? oh, hey, flo. you want to see something cool? snapshot, from progressive. my insurance company told me not to talk to people like you. you always do what they tell you? no... try it, and see what your good driving can save you. you don't even have to switch. unless you're scared. i'm not scared, it's... you know we can still see you. no, you can't. pretty sure we can... try snapshot today -- no pressure. >>> good morning. welcome, everybody. our starting point this morning is inauguration day. take a look at the picture of the masses starting to gather on the national mall, here to witness president obama's second public inauguration. our festivities begin at this hour. we're expecting to see the president in roughly 30 minutes or so as he makes his way to mass. john? >> i'm john king. inaugural speeches have been used to set the tone, unite a nation, and to set an example for the rest of the world. we're going to look this morning at the historical significance of today and w
the country faces which is getting our economy going. >> sean: i like what our colleague charles krauthammer said it's an ode to big government and you pointed out in the list, gun control, gay marriage, global warming, he not only wants to lock in every liberal agenda item, but advance it further. will he be successful? second term are notoriously not successful. >> let's add global climate warming on her, climate change. we've already passed this through the congress. it's done. is congress going to pass it? is congress going to tell the states, no, you can't put that past voter i.d. laws? only in it's bipartisan doesn't require amnesty and citizenship. gun control passed, no. i think the president was basically declaring his administration is no longer substantive achievement. it's make the democratic party and making the republicans look more extreme. taking their strength to pass positive items that pile up over in the senate never to be really considered, but give them an agenda, a view that says to the american people he's over there worried about gun control. we're worried about gett
and a weak economy, mr. obama put forth that the nation's top priority must be impose social justice. so it is quite clear that the president is willing to go down in history as a crusader for social justice, no matter what happens to the economic fabric of the country. >> you know, i think all these conservatives are forgetting about another president who transformed the country, and he is i think one of their favorites, ronald reagan. remember that guy? inherited a population deeply unhappy with the direction of the country and the economy. he established mainstream conservative government by his second inauguration, a majority of the country believed in his message. >> we ask things of government that government was not equipped to give. we yielded authority to the national government that property belonged to states or to local governments or to the people themselves. we allowed taxes and inflation to rob us of our earnings and savings, and watched the great industrial machine that had made us the most productive people on earth slow down and the number of unemployed increase. >> tim
not to be a political football that by becoming that, does damage to our economy. >> without any question, obama's real objective is not just obamacare, but it's to eliminate any political opposition, to just wipe them off the map and the media is now telling them not only will they help, but offering advice how to do it. >> who does that look like to you? >> for the past couple of weeks, this is how we've heard about jodi arias. >> do you know who that is? >> it looks like jodi. >> prosecutors working as hard as they can to send her to death row, but tonight, we hear about jodi in a different way. it happens here, her home for now, the maximum security tower in the jail in phoenix. i was given exclusive access to this units and i met jodi. >> how are you feeling. >> this is jodi's room here, a cell. it's a small room, windows at the top and three burnings and only jodi's's in the middle and her roommate's down here. >> to the a tax threat, and nicolas sarkozy and his wife are thinking escaping france to avoid a huge tax. >> and sarkozy and his wife carla bruney except the tax rate of 75% proposed by h
vision of the obama economy just doesn't seem to match reality these days. i'll have the details coming up. >>> and while whistle-blowers come forward to describe the fraud that led to the financial collapse, the department of justice isn't going after wall street's ceos. i'll ask mike paolantonio why they're just being let off the hook. you can listen to my radio show on sirius xm radio noon to 3:00 a.m. share your thoughts with us on #edshow. we're copping right back. step 1. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. [ breathes deeply, wind blows ] [ male announcer ] halls. let the cool in. >>> welcome back to "the ed sho show". thanks for stay with us tonight. liberals are furious about filibuster reform. here is some reaction from my radio show. >> what harry reid has done is just outrageous. what else needs to be done? >> i am so angry. i feel like the president has been torpedoed, stabbed in the back, bamboozled, hoodwinked by the head of his own party. >> i expected not
doom and gloom vision of the obama economy just doesn't seem to match reality these days. i'll have the details coming up. >>> and while whistle-blowers come forward to describe the fraud that led to the financial collapse, the department of justice isn't going after wall street's ceos. i'll ask mike papantonio why they're just being let off the hook. you can listen to my radio show on sirius xm radio noon to 3:00 a.m. -- p.m. share your thoughts with us on #edshow. we're coming right back. uhh, it's next month, actually... eddie continues singing: to tickets to... paradiiiiiise! no four. remember? whoooa whooaa whooo! you know ronny, folks who save hundreds of dollars by switching to geico sure are happy. and how happy are they jimmy? happier than eddie money running a travel agency. get happy. get geico. fifteen minutes could save you fifteen percent or more. ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together wh
hundreds of millions of dollars to the state economies and create tens of thousands of jobs right your home. the icing on the cake, it would help us as a nation become more energy independent. what is it? well, drumroll. approving the keystone xl pipeline. it is not just me. today senators on both side of the aisle have written a letter urging the president not to approve this pipeline right now. thanks to a major announcement from the governor yesterday, you're out of excuses, mr. president. joining me now, jerry taylor from the cato institute. great to have your. it's back in the president's hands once again. what is your betting on what you will -- you will do? >> i don't know. they don't send me internal memoranda. my guess is he will approve the pipeline. it's very difficult to say no. the state department already argued the filing sometime ago that it would have minimal impact on the environment. not a lot of dispute that this would be good for the economy. gasoline prices may have been sliding, but they seem relatively high command others think of the pipeline as a way of addressing
state in this world economy forum report that we can prevent storms like sandy if we pay $700 billion a year now. this -- this is amazing. for actual people who phds to come up with these reports, but they do it. they are. lying somehow acts of government and spending can somehow control our government to the climate we want. he said we could do something about floods and hurricanes and droughts, now the power of the ballot box extends to controlling the weather. neil: do you feel this speaks to urgency of doing something about this, what do you think? >> if you accept the united nations and al gore's view, doing, whatever they propose, would have no impact according to their figures. so it is an exercise in futility even if you believe it. the kyoto protocol. the grand-daddy of all climate treaties, which canada has just pulled out of. if that were fully ratified and enforced, it would not have a impact on global warming according to global warming activists figures, the same with u.s., cap and trade bill, obama saying it would have made our planet 4 to 5 degrees cooler. meanwhile ep
for the economy. it is not good for our children. its sad we have to have a gimmick like this. some members are a quite wealthy, there are a few of them, won't care. but a good many members after month or two their spouses will say to them, what are you doing you knucklehead. they have to have a solution. melissa: this is another time the american public looks at it, wow, feels like you put off the work that you need to do. we said we will raise the debt ceiling for a couple months and, you know, there you go. we haven't gotten any of the real work done? >> it was a short-term punt but i think it was pretty shrewd move by the republicans because you can't default on our debt. if interest rates went up even slightly the amount of interest we would have to pay on our $16 trillion debt would be enormous. you can't do that. it would be shooting ourself in the foot. they tried closing down the government back in the 1990s. that didn't didn't work too well. they're focusing on what is called the sequester, which are across the board spending reductions. that's where i think they will make their s
regulations, which have an impact of over $100 million. those are the things hurting our economy making it harder for hard-working taxpayers. john: to be paired up president obama's taxpayers, president obama is not the first to do this. >> if you go back to the founding fathers, if men were angels, we would need lots. about is why we have a checks and balances system of government and the president doesn't believe that that applies to him even when i go back to our first president, george washington said political parties are likely in the course of time to become potent engines in which cunning and ambitious and principled -- unprincipled men assert from themselves the reins of government for unjust dominion. do you see that in washington? >> i want to improve the quality of life of the american people. what you have now seen with that, and we have seen what the president's campaign team, they have moved back to a nonprofit and they are going to take money from unions and corporations. they will not say that they will report how much they get each of those corporations and they say th
month. visit choosenissan.com. road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. >>> initial estimates say the crowd at yesterday's inaugural was at least 1 million people. that's down from the 1.8 million who came out to see president obama sworn in the first time, but even so, a turnout of a million people put's obama's second inaugural at one of the biggest ever. look at that crowd. it's almost double who turned out to see george w.'s second inaugural and tops the 800,000 who saw bill clinton sworn in. before obama the previous crowd estimate record was 1.2 million who came out for lbj, lyndon johnson's inaugural back in '65. we'll be right back. in america today we're running out of a vital resource we need to compete on the global stage. what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them
to have more control over our economy, more taxes, more regulations, more spending. there's a fundamental difference between the president's view of our future and reality and so when the president gives an inaugural address and doesn't address the national debt that's how difficult it is to get anything done. >> greta: what is the reasonable expectation for the american people is going to happen. i mean, knowing the president and knowing that he's in power and knowing that democrats are here in power in the senate and republicans in the house and all the people, all the different interests. what's going to happen? >> i think, look, we're going to have to win some elections and get people up here in both chambers that are going to take this issue seriously. >> greta: and all parties. >> i think in our party-- everybody knows it's inevitable. the time will come when we have to deal with the issues and the sooner we deal with it, the better off we'll be. if we deal with them now we deal with them on terms. the longer we wait to save medicare, the more disruptive it's going to be, the more c
economy in the world, and you guys are in the thick of it, right? with some areas that were very depressed that are now roaring. >> well, we are really encouraged by the turnaround in california. what we reported this morning is that in the fourth quarter or california house sales increased 80% in the quarter. that's been the slowest market to turn around. but as you know, a very big economic engine in this country. and so for us california means not just our own housing start, activity in our housing operation, but also that's the major market for our west coast saw mills and ultimately for the timberlands on the west coast. >> this morning i was on the "today" show and savannah guthrie, she's fabulous, she asked me, jim, all these companies are making a lot of money but are they doing any hiring? i said not that much. what i should have said is you guys in your transcript today make it very clear you are actually hiring people right now. >> well, we are. and most of the hiring in our company today is in our wood products manufacturing business. so we are putting people back to work, addi
. and a lot of republicans say it poisoned the waters. when you look at the agenda now, there's the economy, the deficit, gun control, immigration. what should the president do first to show republicans he's not looking for revenge or looking to pick fights? >> i would say the budget. to make an honest attempt on both sides to try to reduce spending or reduce the growth in spending. that to me is the one place where there is enough on the table that both sides can make progress if they want to. you get into gun control, i basically support the president's program, but he's not going to get very much support at all among republicans for that. that's a good political point for him, but i don't see it going anywhere. as far as the illegal immigration or making it legal or whatever, reform, i would say there's an opportunity, people like marco rubio, for instance, and others, and also you have the chamber of commerce, you have some republican vested interest. i would say the budget and immigration are the two areas, spending and immigration. >> can he get through some simple things on gun contr
or not to stay in the european union, britain one of the e.u.'s largest economy, the most important financial center, and, oh, yes, the pound sterling at odds with the euro. markets up more than 4% year to date. my next guest says while some investors are still on the sidelines, we're beginning to see a little bit more interest. joining us now with his outlook for the markets and the economy, of course, chief investment strategist for ubs wealth management, mike ryan. mike, good to have you here. >> good to be here. lou: a lot of fun in the european union. start there. we're not hearing so much about the collapse of the e.u., david cameron has other ideas, but the reality seems to be that things are quieting down a bit over there and not influencing our markets nearly so much. >> i think that's fair. i think what we're seeing, really, in the eurozone is an absence of mall las. the last couple years, an existential crisis, would the euro and player survive? a lot has been taken off the table by the posture of the european central bank saying we're standing behind the sovereigns. where does the
in the first? a look at the sluggish obama economy next. i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at my options. then i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplementnsurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it helps pick up some of what medicare doesn't pay. and could save you thousands in out-of-pocket costs. to me, relationships matter. i've been with my doctor for 12 years. now i know i'll be able to stick with him. [ male announcer ] with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral to see a specialist. so don't wait. call now and request this free decision guide to help you better understand medicare... and which aa
that he said about the economy, 8.3 fewer americans are working today than there were four years ago, what is your reaction to that? >> well, just shows you how out of touch eghe is. normally when the president is reelected, remember, no landslide. you work together, find common ground and work ford. this person's goal is to break the republican party. he's out of touch where america is at and it's more of a speech after progressive party agenda not something for all of america to get behind. >> sean: how ironic, too, the president lecturing the americans on tone and did you remember of talking about mitt romney and a steel worker's wife? >> and when you work on a president's speech in the inaugural, you usually have a take away line. what is the take away line. normally when the election is over, it's time to govern, he moved the campaign committee going when he can't run for further office. this is what this individual does. he can't govern, but that's what he continues to do is just politics. >> sean: all right, you're a leader of the republican party in the house, one area of governmen
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